Aaron Blau, EA, CPA

About Aaron Blau, EA, CPA

Aaron is a native to Tempe, Arizona. Aaron followed his father’s footsteps and fell in love with accounting and the study of taxation. Graduating from Arizona State University with a Bachelor of Science in Business Management with emphases on Small Business and Entrepreneurship (Class of 2001), he uses his education to help small business owners better understand their financial and tax picture. Aaron is one of the youngest applicants to pass the Special Enrollment exam, administered by the U.S. Treasury Department, and received his license to practice as a Certified Public Accountant in the state of Arizona. Aaron, having completed a three year course of study, is also a Fellow of the prestigious National Tax Practice Institute.

Case Study: Partner With Your Accountant To Improve Your Business

Client INNOVAT is a graphic design studio.  The business employs 20 talented people and is the brainchild of entrepreneur and owner, Richard Brown.   Problem The business had a relationship with an Accountant but Richard wanted a fresh start.  He approached a new Accountant to take on their work.  The initial brief to the Accountant was to assist the business with a review of their systems and processes.  In a nutshell, Richard felt they were inefficient.  His team worked very hard but he wanted them to start working smart.  The measurable outcome Richard wanted was an improvement in billable hours for [...]

2018-01-05T09:00:48+00:00 January 5th, 2018|Business Advisory|Comments Off on Case Study: Partner With Your Accountant To Improve Your Business

Mentoring For Growth

A business advisor can help you take your business from where it is now to where you want to be.  They have the advantage of looking at it from the outside without being tied down by the day-to-day running of your business.  A business advisor can help you see what is holding your business back and put it back on the path to success. These are some common areas that your business advisor can step in to assist you with. Dwindling Profits: If your profits are inadequate, dwindling or stagnating, it may be time to get help.  Your business advisor can [...]

2018-01-05T08:59:57+00:00 January 5th, 2018|Business Advisory|Comments Off on Mentoring For Growth

Last-minute year-end moves in light of Tax Cuts and Jobs Act

Congress is enacting the biggest tax reform law in thirty years, one that will make fundamental changes in the way you, your family and your business calculate your federal income tax bill, and the amount of federal tax you will pay. Since most of the changes will go into effect next year, there's still a narrow window of time before year-end to soften or avoid the impact of crackdowns and to best position yourself for the tax breaks that may be heading your way. Here's a quick rundown of last-minute moves you should think about making. Lower tax rates coming. The [...]

2017-12-20T14:06:38+00:00 December 20th, 2017|Business Tax, Personal Tax|Comments Off on Last-minute year-end moves in light of Tax Cuts and Jobs Act

2018 Tax Season Appointments Now Open!

2018 Tax Preparation Appointments We are now accepting appointments for the preparation of 2017 Income Tax Returns.   To request an appointment, fill out the form to the right or contact our office at (480) 946-7732. As a rule, good tax planning requires an early start.  The preparation of your income tax return can include a study of the facts in order to achieve the maximum savings if we are given complete and accurate information and time to complete the work. Appointment Scheduling Each year we see an increased demand for our professional services.  As a result, many of [...]

2017-12-04T13:21:44+00:00 December 4th, 2017|Our Office|Comments Off on 2018 Tax Season Appointments Now Open!

Case Study: How A Cost Accounting System Improved Efficiency And Profit

Client Ann Marie owns a manufacturing business which makes a high-end product. She varies her design from time to time so there are many versions of her primary design. Problem Ann Marie did not have a cost accounting system that would determine the cost of producing each version. So she did not know which ones were cost-effective to produce and earn her more profit and which ones were not. Solution She engaged her Accountant to select an appropriate cloud-based cost accounting system to tailor to her needs. The Accountant analyzed the manufacturing process and determined the basic activities involved. The [...]

2017-11-29T11:37:21+00:00 November 29th, 2017|Business Advisory|Comments Off on Case Study: How A Cost Accounting System Improved Efficiency And Profit

How To Know What It Costs To Create One Widget

Cost accounting is about calculating the total cost involved in the process of production.  In a nutshell: “What it costs to create one widget!” Estimating the accurate cost of products is critical for profitable operations.  A business must know which products are profitable and which ones are not, and this can be ascertained only when it has estimated the correct cost of each product. Key Objectives of Cost Accounting Cost finding Cost planning and controlling Cost analysis for managerial decision Six Advantages of Cost Accounting Helps in cost control Helps in decision making Guides in price fixation Helps in cost reduction [...]

2017-11-29T11:36:50+00:00 November 29th, 2017|Business Advisory|Comments Off on How To Know What It Costs To Create One Widget

Case Study – Getting Business Infrastructure Right

Client Working as a freelance Personal Training and Group Fitness Instructor sounds like it could be liberating, interesting and a good-paying job. But the truth is, like any independent contractor, there are business issues that have to be considered, before you take your first class or train a client. Dean Turner was a full-time chef and fitness enthusiast before he decided to take a chance and work for himself in an industry he loved. Problem Dean knew he needed to learn how to run a small business and decided to start by talking to his Accountant.  It was a given that [...]

2017-11-08T10:58:39+00:00 November 8th, 2017|Business Advisory, General Consulting|Comments Off on Case Study – Getting Business Infrastructure Right

So you want to be an Independent Contractor

Confused about what it means to be an Independent Contractor? Maybe you are working for a business but you want to start your own business. Maybe your employer has suggested that you could work at home, and they will change your status to that of an Independent Contractor. Before you make this change, you should know about some of the pros and cons of working independently. Benefits Independence.  You may be able to work your own hours from whatever location you choose depending on the type of job.  You should be able to negotiate pay rates and a payment schedule. [...]

2017-11-08T10:54:49+00:00 November 8th, 2017|Business Tax, General Consulting|Comments Off on So you want to be an Independent Contractor